Daikyonishikawa Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2019
February 11, 2019
Share
DaikyoNishikawa Corporation reported consolidated earnings results for the nine months ended December 31, 2018. For the period, the company reported net sales of JPY 134,019 million as compared to JPY 126,584 million for the same period last year. Operating income was JPY 10,648 million as compared to JPY 14,127 million for the same period last year. Ordinary income was JPY 10,919 million as compared to JPY 14,710 million for the same period last year. Profit attributable to owners of the parent was JPY 7,798 million as compared to JPY 10,004 million for the same period last year. Net income per share was JPY 110.07 as compared to JPY 141.22 for the same period last year.
For the year ending March 31, 2019, the company expects net sales of JPY 180,000 million, operating income of JPY 14,000 million, ordinary income of JPY 14,000, profit attributable to owners of the parent of JPY 9,600 million and net income per share of JPY 135.49.
DaikyoNishikawa Corp is engaged in the manufacture and sale of automotive resin parts. The Company operates in four geographical segments: Japan, China & Korea, ASEAN, Central America & North America. The Company purchases raw materials and manufacturers automobile equipment such as instrument panels and bumpers, and housing equipment such as bus unit members. The Japan segment has two divisions. The automobile parts manufacture division is involved in the provision of automobile resin parts, the development of production equipment and jigs, and the design and manufacture of molding dies and precision jigs. The others division is involved in the provision of housing equipment, the life insurance and non-life insurance agency business. Other segments are also involved in the design and technical services for automobile parts and staffing business, in addition to the provision of resin parts for automobiles.
Daikyonishikawa Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2018; Provides Consolidated Earnings Guidance for the Year Ending March 31, 2019
DAIKYONISHIKAWA CORPORATION 
